You Can't Drive Forward by Looking in the Rear View Mirror

18/04/2016 19 min
You Can't Drive Forward by Looking in the Rear View Mirror

Listen "You Can't Drive Forward by Looking in the Rear View Mirror"

Episode Synopsis

We all fall victim to the sunk-cost fallacy from time to time, "This movie is terrible, but I've already spent an hour watching so I might as well watch the next hour." Actually, you should just stop the movie and spend the next hour on something you really want to do!
Dallas and Jess talk about how the same concept can apply for bankers around pricing decisions.